
Earlier this week, the Financial Times reported that Apple was in active negotiations to acquire the streaming rights for Formula 1 in the United States.
Business Insider now builds on that report and says that “barring a last-minute change,” Apple is poised to secure this deal.
From today’s report:
Apple has submitted a bid worth at least $150 million a year to stream the races starting in 2026. And ESPN isn’t going to try to match or beat that, according to a source…